These costs have seriously weighed down seniors
Over 60 percent of aged beneficiaries are currently relying on the program to provide at least half of their income according to the Social Security Administration. But despite helping seniors, Social Security is also letting them down. According to a recent report, the purchasing power of Social Security dollars has plunged 34 percent between the year 2000 and January 2018. What you could once buy $100 worth of goods and services, now you can only purchase $66 worth of the same goods and services. In Sean Williams’ article he explains the root cause of this lost purchasing power. Read his article here…
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